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Search Results 0 to 49 of about 149 (some duplicates have been removed)
obama. once again obama is pushing for higher taxes. don't take our word for it. listen to what he said last night just before the sboel. >> there is a way to solve the budget problems in a responsible way through a balanced approach that the vast majority of people agree with. if we do there is no reason we can't have strong growth in 2013. we can't b have washington dysfunction getting in the way. >> with all respect, free market capitalism is the best path to prosperi prosperity. more tax hikes will not hurt this economy. let's not push our luck. republicans will block it. we'll be right back. ♪ if loving you is wrong ♪ i don't wanna be right [ record scratch ] what?! it's not bad for you. it just tastes that way. [ female announcer ] honey nut cheerios cereal -- heart-healthy, whole grain oats. you can't go wrong loving it. >>> stock market correction today. i still believe rising profits and an easy fed will keep the bull market going -- at least until the president tax bombs us to death again. that's what obama said before the super bowl yesterday which could be the real reaso
tax and replace it with a small hike in state sales tax. the republican governor on where things stan right now. governor, thank you for joining us. >> thank you, sir. >> you want to raise the state sales tax but eliminate the gas tax. give us the numbers. >> well, we do have a problem with infrastructure in america. you heard the secretary's comments and you're right. only 6% of the stimulus money was spent on infrastructure, and the rest was spent on things that didn't help much. so we have a problem and it's the gasoline tax on a state of decline because of inflation, alternative fuels and cafe standards and so forth, and we have the most congested area in america, northern virginia. so we're trying to build infrastructure. the gas tax is going to keep declining so we're suggesting let's get rid of and it replace it with a sales tax that froze with the economy. >> let's tell the viewers the numbers. the virginia gas tax is 17-1/2 cents per gallon. nationwide it's 18.4. you're saying eliminate the 17-1/2 sentences per gallon state sales tax and add .08% on sales of everything. is th
the sequester deadline down the road. to win them over he offered a package of spending cuts and more tax increases. how was that playing on capitol hill? here's ed henry. >> warning the nation's economic recovery hangs in the balance, president obama prodded congress to stop a series of massive spending cuts that could threaten national security urging them to come up with a short term combo of lesser spending cuts and tax increases beyond what he signed at the end of december. >> if they can't get a bigger package done by the time the sequester is scheduled to go into effect, then i believe that they should at least pass a smaller package. >> president says the sequester puts hundreds of thousands of jobs in jeopardy from classrooms to the pentagon and defense lie lockheed martin which announced hundreds of layoffs. mr. obama said damage can be stopped if john boehner accepts the white house's final offer from december, meaning up to $600 billion in more tax hikes through cutting deductions, and cuts to medicare and other programs. >> my healthcare proposals achieve the same savings by
." -- please tax me more." we have gotten so desperate in this area that we are talking about, perhaps because we cannot make a policy decision on this and have not since the early 1990's on the federal level, maybe we need to go to indexing of the fuel tax. >> you are talking like infrastructure, not to pay for subsidies, right? >> what we need is more infrastructure, and that is a public good, and it needs to be paid for, and generally with tax revenues. i do not think anybody is faulting that. i think it is sold that we need higher fuel tax, and we can use that either to reduce the deficit or to pay for something else. it was designed -- or intended -- whether it has done so successfully or not, it was done to pay for infrastructure. >> absolutely. we are not real happy about that. >> john, what are you hoping for next week? >> for some reason, i have not been consulted on that. the president in the campaign said he was 4 and all of the above energy policy, so let's have some announcements that support that -- he was for an " all of the above" energy policy. let's move forward with the thin
.6% to 58.6%. >> they want their payroll tax cut. >> declined december to january. >> they want the payroll tax cut, no wonder. >> the big picture job numbers that came out try were encouraging but even business experts were looking at the big picture and seeing the economy in job growth has been sluggish and terribly sluggish for a really long time. still hovering around 8% up employment. when is this going to end? no one sees it ending soon. that is bad news overall. >>> what do you think mort? >> i think the she remains weak -- economy remains weak. as pat was saying. $25 billion a week in terms of deficit spending trying to boost up the economy. secondly, $85 billion a month, coming out of the federal reserve, the loosest monetary policy we have ever had. we can barely get the economy to grow. it was 2.4% last year, then 1.8%, if that, maybe even less this year. despite all the stimulus. so the economy is continuing slow, it is not even staying flat. >> so you are saying we are in for several quarters of low growth? >> we hope it is going to be several quarters of low growth. anything c
will get back to you if there are more details. the fbi is promising that in the next few hours. >> tax hike to high income earners. he may be going to the well again. the president insists he needs more money to reduce the deficit and will likely focus on a familiar target. white house correspondent wendell goaler tells us how that is going over. >> as the president headed to minnesota to talk about gun violence, republicans on capitol hill tried to keep the nation's attention on fiscal matters. >> we are having trouble in large part because spending is a problem. it is what is chasing jobs overseas and causing much anxiety about our future. >> sunday in a presuper bowl interview with cbs's scott kelly mr. obama said this year's tax changes shouldn't be the last. >> there is no doubt we need additional revenue coupled with smart spending reductions in order to bring down the deficit. he is not talking raising rates but closing loopholes especially those making money from investment pay a lower tax rate than income salaried or hourly wage earn ers. >> the average person doesn't have acc
not have to pay the amt. it also changed the estate tax bumping down the rate of little bit lower than what it had been over the exception of little bit higher. the numbers we just show you, the real numbers will be much worse. we will find out at 1:00 o'clock. back to you. dagen: are we going to be in a statement from the white house at 1:15 p.m.? rich: he will talk about the sequester. he will push for congress to pass a smaller package of spending cuts and tax reform to avoid the economically harmful consequences. he wants tax increases and spending cuts. the tax issue is closed, says the republicans. dagen: thank you for that update. for more on the outlook and what the president will say this afternoon, we go to michael perrone. michael, good to see you. start with this cbo report. will it influence policy and what happens in washington and even the smallest way? >> the cbo is required to give a fictitious look forward at the budget numbers. it will be higher than projected unless other action is taken. the medicare doc fix, for example, will not go away. they have been voting in every
say, that you can be on the path of citizenship if you pay all of the back taxes that you have and pay a fine and we are talking about folks who are coming here and making the meager earnings, and how long does it take them to pay it all back before they can become citizens. >> michael, you made an economic argument about the cost of detaining and the cost of deporting and the cost of all of this, but i keep thinking about the cost of getting on that path to citizenship for ordinary immigrants here. >> all year long, we have the stories of the people coming into the offices. the filing fees are prohibitive to everybody introduced to the new gift. these people are putting food on the table, and they have the same challenges. president reagan in the 1980s changed the immigration law when he gave the nasty word amnesty out, and then he shifted the responsibility of policing immigration from government to employers, and the employers in a hard economy and generation now are being punished by the obama administration and the justice department and homeland security by not doing i-9s and pol
all of our revenue from the sale of postage. we take no tax dollars. we do not want tax dollars. >> zero. zero tax dollars. in other words, you're not getting shafted. now let's just make sure that we're all clear on this issue. the post office receives, again, as i said, zero tax dollars for operations. it's run as an independent agency. postal employees are civil servants. it's the only institution in america that has been forced to prefund for 75 years a pension plan in a ten-year window. it would have a $1.5 billion surplus in 2012 without this pension requirement. do we get that, folks? this is government intervention by the republicans before they handed the gavel to nancy pelosi. and this is what they stuck the workers with. they want to destroy the post office because they want to privatize everything. today i guess you can say is chapter one, where is the banner, mission accomplished for the republican destruction of the middle class in this country. now, congressman darrell issa, who he just loves the news. he called it common sense-sense reform. of course it's common
you think about the proposed tax increases the president made yesterday? caller: i think, my issue with that -- we have already had our tax increase in the first place. i don't necessarily agree with them. i realize that you need a little more revenue. i will agree with that to an extent, because it is both sides. if he is trying come to a balanced proposal at this point in time and propose equal cuts versus revenue, that's not fair, because we have already increased our taxes in the first place. the original deal was supposed to solve the fiscal cliff. host: april is on our facebook page. randy is an independent in butler, oklahoma. good morning. caller: i think they ought to let it go through. military budgets have doubled in the last 12 years and the research and development part of that is over $60 billion. that is not buying tanks or anything. we have spent $200 billion on the f-22 program, the fight for that no one wants. plenty of things to cut. go ahead and raise my taxes. i realize we have to bring in more money. i'm a grown-up. i will just take home less money, but we hav
the effects of obamacare including the medical device tax that is cutting r&d and causing layoffs across the country in the most innovative firms, the fact that so many people who were intending to no longer going into medicine, thank you, brain drain, a consequence of obamacare, and doctor who were individual practicers are either bailing and retiring all together or going into concierge care. have you heard that term? do you know the people that are shutting down their practices, dropping insurance all together where now only the wealthiest can pay for care. congratulations obamacare. heck of a job. >> stephanie: so we tried to impact that little rice ball of nonsense yesterday. and i got a letter i sent to you. dede rights malkin is right. hey, steph the hospitals systems have brought up the big doctor practices. smaller doctors were not brought into their systems. medicare pays three times the amount that they pay a single doctor. i'm related to a physician. there is going to be a shortage of doctors. i'm very concerned -- blah blah blah. what are your thoughts on
for about eight months now. but it to best way to a budget -- a balanced budget would be reinstating the tax on wall street transactions. there are quadrillions of dollars in turnover and a 1% tax would generate trillions of dollars in revenue. host: talk about your retirement strategy a little bit. host: there is not -- caller: there is none. that is the point. average people are in the same kind of predicament, not knowing what -- what do they call it? they want to have stability and predictability. where is it? host: when it comes to yourself, have you put anything away? caller: ipad, but it is all gone now. i would like to see a national infrastructure project. we could put people to work. host: steve from twitter -- host: next we're going to charlie. mississippi, independent line. caller: good morning. i am from jackson, where the capital is. i retired in 2009. it is a good thing. i was a civil servant. now in the state house there is legislation where some young republicans want to phase out our state retirement program for civil servants. house bill 486 allows people to just elect, if
immediately on a bigger package, they should at least pass a smaller package of spending cuts and tax reforms that would delay the economically damaging effects of the sequester for a few more months. >> secondly, the white house wanted to signal how they would like to see the rest of these budget negotiations go in 2013, not with one-on-one deal-making but passed through the regular order in congress. the president said he expects that it's going to take time, and while white house wants immigration and gun violence proposals passed by say the fourth of july, they recognize that a budget deal probably won't happen until october. now, as for sequester, cue the blame game. sequester is the most unpopular thing in washington that everybody once supported and now nobody claims to own. while the president tried to blame congress republican leaders pointed their fingers right back at the president. >> the house on two occasions has passed a plan to replace the sequester. it's time for the senate democrats to do their work. it's time for the president to offer his ideas about how to replace the seq
and said, we've got to raise taxes and the answer every single time and keep taking more of the americans money without holding yourself accountable and that's what we've said. for the last 16 months we've tried and tried and passed two measures to try to replace the sequester to go about managing the deficit whittling down the entitlement programs so we can save them. instead here we are again and the president says no, we've got to raise taxes. and the same strategy vilify the rich and i suppose don't raise the taxes on the rich and people are happy to do that and that the republicans want to cut programs that try, why would anyone who is in these programs or thinks he might have this program why would that ever be appealing to go the republican way. >> and first of all, we understand that the president is not led on this issue and there's no response whatsoever, and just raising taxes and to say that you can tax the rich and get rid of the problem it's fictional. and i believe we're for fiscal discipline, managing down the debt and deficit for a reason because we don't want a debt cris
and tax reforms. >> i think the sequester's going to happen. >> washington desperately needs some adult leadership. >> talking like adults. let's get this country back on the mother [ bleep ] track. oh yeah! >> the president and the first lady are kind of like the mom and the dad of the country. >> there isn't any resistance to obama anywhere. >> at some point washington has to deal with its spending problem. >> and when your dad says something, you listen. and when you don't, it usually bites you in the [ bleep ] later on. >> i've had enough of it. it's time to act. ♪ >>> the clock is now ticking on what many economists say is a near-certain double dip recession if more than a trillion dollars in automatic spending and defense cuts are allowed to occur at the beginning of next month. and while the president is busy running the government, today nominating a new candidate for the interior department. and yesterday pleading for action to prevent the so-called sequester, republicans have been out front telling anyone who will listen that they, too, are absolutely opposed to any cuts to
to get at the end of the line and have a criminal background check, learn english, pay back your tax. but it can't be unattainable. it can't be so long that it's unattainable. >> well, mayor, senator rubio is proposing a path that i actually think creates a new class system of workers in this country. rubio's plan would let businesses hire lower skilled undocumented workers if americans can't fill the job openings. that's very conditional in my opinion. it's a loophole in the immigration law. it means lower skilled immigrants get a different kind of status. do you agree this plan? is this the correct path to take? >> well, as i said, i believe that there needs to be a path to earn legalization, to earn citizenship for the 11 million people who are here. >> regardless of their skills, correct? >> right. we don't want to divide the parents from the kids. we don't want to deport the parents and leave the kids here. remember, those 11 million undocumented have 5 million citizen children and a couple million dreamers. so i think that there is momentum in the senate and increasingly in the
and tax reform hit a brick on capitol hill. politico reporting that obama's plan dead on arrival, and house speaker john boehner was speaking on capitol hill, right now saying that his party plans to stand with the american people and we want to show you exactly what he had to say about that yesterday. >> on two occasions has passed a plan to replace the sequester. it's time for the senate democrats to do that work. it's time for the president to offer his ideas about how to replace the sequester. >> his first answer to everything is new taxes. and when you think about it, what happened in january, he got $600 billion in new revenue, where were the spending cuts? now again he wants to raise taxes. i think it's time for us to cut spending. >> now with 1,379 days gone since the last time congress passed a budget and with the country poised to take a poison pill of cuts, what will it take? >> not passing a budget is shameful. and now you have the president saying well, i'm against the sequester cuts. well okay, great. well what are you going to replace them with? >> the republicans
a tax? stu varney with what's wrong behind that record-breaking tax hike? he joins us live in studio e. e. good morning, stu. years ago, my doctor told me to take a centrum silver multivitamin every day. i told him, sure. can't hurt, right? then i heard this news about a multivitamin study looking at long-term health benefits for men over 50. the one they used in that study... centrum silver. that's what i take. my doctor! he knows his stuff. [ male announcer ] centrum. the most recommended. most preferred. most studied. centrum, always your most complete. because the portions were much larger. and i just felt like i needed to eat it all because it was so yummy. weight watchers online worked for me because it lets me live my life. i can still go out with my friends. i can still enjoy my favorite foods and drinks. it's just a smarter way of eating. i lost 40 lbs. wow it's amazing. my most favorite part of my new body is my bottom. [ laughs ] [ hudson ] weight watchers online. the power of weight watchers completely online. join for free today. >> you remember when president obama said t
of a tax -- of disclosure. michael bennett, senator from colorado, happens to be a brother of our editor in chief, james bennett. you would think that would be great access, but it is a hurdle. they do not dislike each other, but they are so careful about not mingling interests of what got you here today was the talk about immigration. i thought about getting all of you together, but you have slightly different takes. you are a member of the group of eight. maybe it is not a group of 7.5, depending how senator menendez is doing. >> we will see. >> in the question of how the white house -- even today, the president said at the democratic house retreat that he is heartened by democrats and republicans both seem to take this seriously. politics may not be easy. there are regional variations in the country. there is youth and dynamism. i love you in your group of eight role. also sharing your work with the colorado compact. talk about the michael bennett vision of what we need to do to achieve immigration reform. >> if i can, let me take you to colorado on this issue. that is where my intere
much too fast? >> so the answer should be another stimulus package, tax cuts, more government spending? >> there are people who argue that. gwen: there's no political appetite for it. >> it is not going to happen. what kruger is talking about, the president's economist is let's not cuts too fast. the only way we could get anything that resembles stimulus if we got a long-term spending thing but that looks unlikely. >> there was criticism by the republicans this week over the white house's decision to disband -- disband the president's jobs council. what was this and what difference does it make? >> i don't think it makes any difference at all. i love republicans criticizing the president for disbanding something they said didn't do anything in the first place. it seemed like it was an act of political theater that had run its course. the president hadn't met with them over a year. it never had any purpose other than p.r. gwen: now just another blue ribbon commission. >> even worse. >> there was a lot of talk on capitol hill this week about the upcoming budgets cuts and whether or not t
a law stopping the payroll taxes from going into the general fund. sometimes those guys just every pass. mark says the age for social security needs to be raised. that is the only way to solve it. finally, the lunchbox cops are targeting fried foods. cafeterias will no longer serve 100,000 workers fried chicken, concise, fried fish, and help these workers cope, the usda has hired a full-time dietitian on site. of course, we were paying for it is taxpayers. here is the best part. this whole plan is only for a few buildings. if workers want some french fries, they just have to walk a block to the energy department where the french writers are still bubbling. that is my "two cents more". that is all we have for tonight. we will see you back tomorrow. lou: good evening, everybody. the president today spending political capital by the bucket full. pushing hard for gun control. despite the fact that the murder rate in america has dropped to a 50 year low. he called for more and higher taxes, despite the fact federal spending is out of control. today, the dow jones industrial posted the is los
're not going to give any tax increases to the rich, but we're going to let the middle class and the poor pay more we're going to let unemployment insurance run out on people that can't find work. every tax loophole in the world, we're going to leave it in place and start examining things that seniors need. i mean, how do you explain that better? >> i don't think hogan is correct about this. the core of it they lost two seats in the senate. they were trying to talk about rape and abortion and that was a conserve tiff view. marco rubio is saying you need to take an immigration deal. and the republican tea party is saying no, it's not possible, it's amnesty. you're wrong. i don't think this is purely about tone. the republican party has to move to the left. karl rove thinks that, marc marco rubio thinks that. it's not guilty aboutish issues, like you just said. when you look at, hogan, the war on women and the legislation they passed in certain states against women's right to choose, it wasn't that women were objecting to the tone, they were objecting to the policy. when you look at they're clo
taxes. maybe i even used someone else's social security number. am i going to be penalized? does that disqualify me from being a part tof this? what happened to those family members, who wanted to work but couldn't find employment legitimate? you can't penalize these people in that way. >> i think we learned from action program for workers who can have a work permit and have temporary reprieve from deportation, that the fee is also a huge issue in our communities. you're asking people to pay back taxes, to pay penalties, to pay fees. you're not really creating a pathway for people to go from a provisional status to anything else. >> here's the other issue. what the fines are going to be. more data. $1,000 fine would affect 2% of undocumented population. as you scale up, if it's a $10,000 fine, that's maybe knocking out a quarter of the folks that we're talking about. congressman, i mean, one of the things i think is interesting, when we talk about these requirements, it seems to me that the requirements for the pathway to citizenship were reverse engineered around the campaign tr
. but coming up with a limited package of spending cuts and tax reforms. nearly $1 trillion of domestic and defense spending hanging in the balance, the president said the impact is already being felt. >> we've also seen the effects of political dysfunction can have on our economic progress. the drawn out process for resolving the fiscal cliff hurt consumer confidence. the threat of massive automatic cuts have already strt r staart affect business decisions. so while it's critical to cut wasteful spending, we can't just cut our way to prosperity. there is no reason that the jobs of thousands of americans who work in national security or education or clean energy, not to mention the growth of the entire economy should be put in jeopardy just because folks in washington couldn't come together or eliminate a few special interest tax loopholes or government programs that we agree need some reform. >> house speaker john boehner responded with a statement reading "republicans have twice voted replace these arbitrary cuts with common-sense cuts and reforms that protect our national defense. we
evening and happy mardi gras. >> he's still recovering. >> health care, taxes, the economy. >> that takes time to explain to people. >> the republican party just isn't there. >> washington has to deal with its spending problem. >> that may take more than one election cycle. >> i've had enough of it. it's time to act. >> get used to this new word. >> the sequester. >> the sequester. >> the sequester. >> i don't like the sequester. >> something so terrible. >> dogs and cats living together, mass hysteria! >> slow down. >> we've got immigration, gun control, electoral changes. >> it's time for them to exert a little leadership. >> we have to identify our principles. that takes time to explain to people. >> i've had enough of it. it's time to act. >>> john boehner announced today that marco rubio will deliver the republican response to president obama's state of the union address on tuesday. rubio aides are busy trying to spread the nonsense that he will write his own speech. senator rubio did an interview with buzz feed last night while drinking beer, a necessary proof to political reporters
Search Results 0 to 49 of about 149 (some duplicates have been removed)

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